Ameriabank reports AMD 146bn loan portfolio in 2012

Ameriabank reports AMD 146bn loan portfolio in 2012

PanARMENIAN.Net - Ameriabank CJSC ensured AMD 146 billion loan portfolio in 2012, Deputy General Director and CFO of the bank said.

“The growth totaled 7% as compared with 2011 results,” Gevorg Tarumyan told Jan 30 press conference.

The CFO further called attention to the restructuring of Ameriabank’s total loan portfolio, with the bank prioritizing lending to SMEs and physical persons.

As Mr Tarumyan noted, the SMEs lending amounted to about AMD 21 billion, increasing by 12% as compared with 2011. The bank reported 13% growth of volume of lending to physical persons against 2011 results (up to AMD 25 billion).

 Top stories
The revised figures are based on the forecast for the Russian economy to contract by 1.0% in 2014, followed by stagnation in 2015.
“The key powers in the region are unlikely to favor an outbreak of conflict on their southern and eastern flanks,” the report says.
The Commission aims to compensate producers who decide to not harvest some of their goods or give products away for free.
The Energy Minister thanked “our friendly country, Armenia” and his Armenian counterpart “for providing a huge assistance”.
Partner news